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Do police crackdowns disrupt drug cryptomarkets? a longitudinal analysis of the effects of Operation Onymous

Décary-Hétu, David and Giommoni, Luca 2017. Do police crackdowns disrupt drug cryptomarkets? a longitudinal analysis of the effects of Operation Onymous. Crime, Law and Social Change 67 (1) , pp. 55-75. 10.1007/s10611-016-9644-4

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Abstract

In recent years, there has been a proliferation of online illicit markets where participants can purchase and sell a wide range of goods and services such as drugs, hacking services, and stolen financial information. Second-generation markets, known as cryptomarkets, provide a pseudo-anonymous platform from which to operate and have attracted the attention of researchers, regulators, and law enforcement. This paper focuses on the impact of police crackdowns on cryptomarkets, and more particularly on the impact of Operation Onymous, a large-scale police operation in November 2014 that targeted many cryptomarkets. Our results demonstrate that cryptomarket participants adapt to police operations and that the impact of Operation Onymous was limited in time and scope. Of particular interest is the finding that prices did not increase following Operation Onymous, even though many dealers retired shortly after it occurred

Item Type: Article
Date Type: Publication
Status: Published
Schools: Cardiff Centre for Crime, Law and Justice (CCLJ)
Social Sciences (Includes Criminology and Education)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HM Sociology
Uncontrolled Keywords: cryptomarket, police crackdown, displacement, illicit drug market
Publisher: Springer Verlag
ISSN: 0925-4994
Date of First Compliant Deposit: 7 October 2016
Date of Acceptance: 19 September 2016
Last Modified: 29 Oct 2017 04:34
URI: http://orca-mwe.cf.ac.uk/id/eprint/95227

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